Completion of Sale of ID Business

RNS Number : 8269P

De La Rue PLC

14 October 2019

 

14 October 2019                                                                                                                         

DE LA RUE PLC

Completion of Sale of International Identity Solutions business

De La Rue plc, the world's premier currency and authentication provider, announces that it has completed the sale of its International Identity Solutions business to HID Corporation Limited, an ASSA ABLOY Group company, for a cash consideration of £42m on a cash-free, debt-free basis. This transaction was first announced on 12 June 2019.

De La Rue plc's LEI code is 213800DH741LZWIJXP78.

This transaction constituted a class 2 transaction for the purposes of the Financial Conduct Authority's Listing Rules.

The person responsible for the release of this announcement on behalf of De La Rue plc is Helen Willis (Chief Financial Officer).

Enquiries:

De La Rue plc             [phone]

Paul Sharma                 Head of Investor Relations

Brunswick                    [phone]

Azadeh Varzi

Stuart Donnelly

De La Rue is listed on the London Stock Exchange (LSE:DLAR). For further information visit www.delarue.com

 

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